Mark Steyn Is Right

A fascinating video of a speech made by the head of an investing firm about the current economic state of China. The only bad thing is you can’t see his visuals - which I would guess are pretty good.

Ingenious

Zero-Hedge

Check out the interesting bill at the end. No, not that one! The one from Zimbabwe.

Details

Interesting article on economic regions within the US. Interesting to see how specific types of talent will “pool” in certain areas.

Also interesting in light of the idea some have proposed - such as Robert Kaplan in An Empire Wilderness - that the fate of the US is to crystalize around economic regions.

Map.

An extra fascinating article with compelling visuals regarding the global economy slowdown. I have read a lot of other articles on this problem - but they all had boring stats, etc. The pictures make this article.

Worse?

An interesting and important economic article - 

Michael Lewis on Joe Cassano and AIG F.P. An amazing story of the current recession. And a little background on Jake DeSantis’ spectacular letter.

Story.

Update.

If the reported facts contained within the update are not true - and I have no reason to doubt their validity as they are the most logical ones - this would be a scary, scary story for joe taxpayer and joe investor.

Bankrupt. 

Yep, that’s your money. 

Michael Lewis on a book I am going to get at Sam’s Club some day when I have money on a most interesting man.

Very interesting article which includes the  suggestion to create “baby banks” - much like how Bell Telephone was busted up to create “Baby Bells.”  I am definitely pondering how much merit the idea has.

Matter - WSJ